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4.00% 4.8¢ great boulder resources limited

Ann: Great Boulder to Demerge Yamarna Battery Metal Assets, page-41

  1. hersuit
    17,366 Posts.
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    14/09/21
    13:21
    Post #: 56050535
    Im in share MTC and they are spinning off a lithium asset

    The existing s/h's who own the asset will get a in specie distribution 0f 1:3.5 based on # of MTC shares owned

    Given this is an asset owned by, we the s/h's...why isnt it a similar allocation...free rather than purchase?

    Just wondering?
    GBR Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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